Countrywide critic backs short-lets platform taking on Airbnb

first_imgHome » News » Countrywide critic backs short-lets platform taking on Airbnb previous nextProptechCountrywide critic backs short-lets platform taking on AirbnbRobin Paterson has joined the team at Stayo, which hopes to make hay while Airbnb struggles post-Covid.Nigel Lewis8th September 20200623 Views Leading estate agency figure Robert Paterson has stepped in to help a rental platform hoping to make hay from Airbnb difficulties in London.Paterson, who helped develop many of today’s best-known brands including Barnard Marcus, Sotheby’s Realty and Hamptons International, is currently both leading a campaign to highlight the shortcomings of Countrywide’s management.But he is now backing Stayo, an upmarket serviced apartment platform formerly known as London Central Stay.Stayo, which used to operate 80 apartments in central London before Covid, was forced to hand back the keys to over half its stock to landlords as lockdown battered the corporate and holiday short-stay rental market in the capital.The company has now retrenched, rebranded to Stayo and with fresh funding from Paterson is now on a major expansion push which MD Oliviero Ursino hopes will see it expand to 300 units as Covid recedes.Airbnb difficulties“We’re aiming to take advantage of Airbnb’s difficulties – it’s been bleeding landlords since Covid struck, many of whom have returned to the long-term renting market,” he says.“We’re like Airbnb in many ways but obviously we only source properties from larger, institutional landlords, rather than leasing properties from lots of single ones.“So we we’re planning to build market share in this sector really quickly and we’re looking for larger blocks of 20 to 60 apartments.”Stayo is also launching an ‘experiences’ package very similar to Airbnb’s to enhance visitor’s stays as it believes that, post-Covid, the self-catering market will come back strongly as people shy away from hotels.Stayo Robin Paterson airbnb Countrywide September 8, 2020Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021last_img read more

BWXT lands US Naval Nuclear Propulsion Program contract

first_img May 1, 2017 BWXT lands US Naval Nuclear Propulsion Program contract View post tag: BWXT Authorities Back to overview,Home naval-today BWXT lands US Naval Nuclear Propulsion Program contract center_img The U.S. Naval Nuclear Propulsion Program has contracted BWX Technologies a $141.7 million contract for fuel manufacture, development activities, and decommissioning work in support of the nation’s nuclear submarines and aircraft carriers.Work under these contracts has already commenced, BWXT said adding that the vast majority of it will be completed during the remainder of 2017.The work is being undertaken by BWXT’s subsidiary Nuclear Fuel Services.“NFS is dedicated to providing fuel and services of the highest quality to the U.S. Navy,” said Joel W. Duling, NFS president. “Our entire workforce understands the significance of the work performed at NFS, and we take a lot of pride in the fact that our mission plays a key role in our country’s defense efforts.”NFS has been the sole manufacturer of nuclear fuel for the U.S. Navy’s fleet of nuclear-powered aircraft carriers and submarines since 1964. The company employs a full-time workforce of approximately 1,000 people, including long-term contractors and security personnel. View post tag: US Navy Share this articlelast_img read more

Hummingbird Bakery creates mobile unit

first_imgThe Hummingbird Bakery has invested in a new mobile bakery unit designed to cater for festivals and events across the UK.The London-based cupcake bakery, which set up its first outlet in 2004 on Portobello Road in Notting Hill, has developed the purpose-built mobile bakery unit, complete with on-board ovens, fridges and coffee machines, to serve freshly-made cupcakes, bakery goods and beverages to the public nationwide. The firm, owned by founder Tarek Malouf, has taken the mobile unit to its first event this weekend, the Lovebox Festival 2012 in Victoria Park, East London. It is scheduled to be attending a wealth of music festivals throughout the year, including the Isle of Wight Festival, Latitude Festival, V Festival and Bestival.In a statement on the company’s website, The Hummingbird Bakery said: “Sticking to our rules of baking from fresh for the best-tasting cakes, we bake each one of our cupcakes freshly in the unit and frost them by hand, just as we would in our kitchens. So you get the same great Hummingbird Bakery taste, with the addition of some amazing new scenery.”last_img read more

Robert Stavins puts proposed carbon plan into perspective

first_imgThe Obama administration has announced one of the most ambitious plans to fight climate change taken by the U.S. government. The proposed Environmental Protection Agency regulation aims to cut carbon pollution 30 percent from 2005 levels by 2030.Robert N. Stavins, Albert Pratt Professor of Business and Government, explains what the plan entails, and the obstacles it faces.Q: What are the key components of the carbon plan announced by the administration today?Stavins: The regulatory (rule) proposal calls for cutting carbon dioxide (CO2) emissions from the electric power generation sector by 30 percent below 2005 levels by 2030. Electricity generation is responsible for about 38 percent of U.S. CO2 emissions, and about 32 percent of U.S. greenhouse gas (GHG) emissions.Q: Do you feel this plan goes far enough to combat the threats posed by greenhouse gas emissions?Stavins: The proposed policy will be less effective environmentally and less cost-effective economically than the economy-wide Waxman-Markey bill would have been, but given political polarization in Washington and the inability of Congress to approve that more comprehensive and more cost-effective approach, this is the best the administration could do. Read Full Storylast_img read more

Pandemic academics

first_img The path to zero Since the COVID-19 pandemic is happening in real-time, the course is more fluid than a typical freshman seminar, with labs being tweaked at the last minute to incorporate the latest scientific information and keep up with the data the students are gathering from their experiments, said teaching fellow Agnese Curatolo, a postdoctoral fellow in applied mathematics.It may be a bit of a whirlwind to teach, but teaching fellow Michael Cheng, A.B./S.M. ’19, now a master’s student in the MIT Technology and Policy Program, said it is rewarding to act as a mentor to first-years who are transitioning to college life during such an uncertain time.“This class is so unique because COVID-19 is a means to an end,” he added. “Pedagogically, we are using COVID-19 as a way to introduce students to methods of scientific and engineering research. That is going to be very beneficial for them throughout their college careers.”The course could also provide benefits to the University.For their final projects, the students will synthesize everything they’ve learned to develop science-based advice for Harvard administrators regarding COVID-19 and plans for the spring term.“We tell the students each week that they are on the cutting edge, and it is true. They may be freshmen, but they are on the cutting edge of the most important problem of our time,” Brenner said. “They are going to get to learn all these lessons viscerally on a problem they are all now passionate about because they are contributing to the state of the art.”For freshman Karen Li, working on a problem that is so relevant to everyone is a driving force that motivates her as she sifts through dense datasets and tackles tough lab assignments.At every turn, she and her peers are reminded of the critical role science must play in overcoming the COVID-19 pandemic.“I want to learn about how communities are changing because of the pandemic and how we could have a better response next time,” she said. “I don’t think our country has had great preparation for COVID, but if we are able to understand COVID-19 better, we’ll be able to better prepare ourselves in the future.” Brigham and Women’s accepting applications for the 10,000-person study Related At-home COVID testing launches in Boston Researchers and public health experts unite to bring clarity to key metrics guiding coronavirus response In an effort to mitigate the spread of COVID-19 on campus, Harvard placed a high-efficiency particulate air (HEPA) filter in the dorm room of Charlotte Moses and other residential students. The filters are designed to trap airborne particulates — like respiratory droplets that could contain the highly infectious virus.Having a HEPA filter running might bring Moses and her peers some peace of mind, but how well do they actually work?Thanks to “Science and Engineering for Managing COVID (ES20r),” Moses had the opportunity to find out. The first lab in the new Harvard John A. Paulson School of Engineering and Applied Sciences course challenged students to use particle generators to put their dorm room HEPA filters to the test, just days after they arrived on campus.Hands-on, real-world lessons are at the crux of ES20r, which was developed by Michael P. Brenner, Michael F. Cronin Professor of Applied Mathematics and Applied Physics and Professor of Physics, John Doyle, Henry B. Silsbee Professor of Physics, and Evelyn Hu, Tarr-Coyne Professor of Applied Physics and Electrical Engineering, to examine the scientific and engineering basis of COVID-19 policies.Moses, a first-year student, swung by a physics building for a socially-distanced pickup of lab instruments and then got right to work.After using a sodium chloride solution and particle generator to fill the air inside her room with tiny salt particulates, Moses utilized a particle counter to see how long it took for the particles to dissipate, with and without the HEPA filter running.“My dorm received our HEPA filters late with no instruction on how to use them, so many of my hallmates weren’t really sure if they should be turning them on and if they really would make a difference,” she said. “But our results showed that HEPA filters aren’t over-hyped. They really do work if you are concerned about disease transmission through aerosolized particles. While my hallmates were a little confused in the beginning, I’m happy to say they’ve now all turned their filters on.”The students’ observations were summarized in a letter the instructors sent to Harvard College Dean Rakesh Khurana, outlining some suggestions to improve the communications related to HEPA filters to help ensure they are being used properly.That outcome comes as no surprise to instructors Hu, Brenner, and Doyle, who conceived the course as a way to educate students while generating important information University administrators can incorporate into campus COVID-19 policies and plans.,It’s uncharted territory for everyone — no one had ever conducted measurements of aerosolized particles in the dorm rooms before, Doyle said.“What is great about the learning part of this is that they are actually able to see quantitatively some of the ideas they may have heard about, but they are also seeing how these scientific and engineering ideas really do connect with policies and guidelines,” he said. “The students  show up on campus and they are able to learn more about the world around them, some aspects of the scientific process, and how it all connects to the bigger picture. Understanding what is going on around them lowers their stress levels and improves their education.”Many of the labs that have been developed for the course are focused on issues the students face every day. For instance, later in the term they may explore cloth mask alternatives to the surgical masks that are currently being used on campus.In addition to the hands-on lab work, the course also focuses on understanding and interpreting COVID-19 data. The cohort studied models of pandemic spread and analyzed different ways of presenting and accessing the data that forms the basis of those models.Each student also selected a university they will monitor throughout the term, examining COVID-19 data for that school and the broader community, and analyzing how the university’s pandemic response compares to Harvard.For Justas Jasevicius, A.B. ’21, an integrative biology concentrator taking the course remotely from his home in Lithuania, delving deeper into COVID-19 data has been both challenging and fascinating.Jasevicius is tracking the COVID-19 response of the London School of Economics.“No one is really tracking colleges to this extent, and there are so many things to consider,” he said. “One issue is, what if there are students off-campus who are still coming to in-person seminars? How do you account for that? It just gets exponentially more complex.”Working around the dynamism of real-world data is a challenge for both students and instructors. “This is the way education should be. The students sensed that they were doing things they hadn’t done before. … But they were totally fearless.” — Evelyn Hu, Tarr-Coyne Professor of Applied Physics and Electrical Engineering Team at Harvard plans to launch clinical trial in fall Global race to a COVID-19 vaccinelast_img read more

New Cisco UCS Line Pushes the Envelope – Again

first_imgIt’s been a short five-and-a-half years since Cisco unveiled a new line of server gear that has since pushed the limits of what previously had been thought of as a stagnant market in IT. Cisco UCS changed the game for a new generation of IT infrastructure, built from the ground up for virtualization and high-density computing. In the process, UCS has helped build the foundation for converged infrastructure, which has coincidentally (or not so coincidentally) become a de facto standard for an application-centric view of IT designed for the cloud – demonstrated this year by Cisco1 and VCE2 both capturing industry-leading recognition by industry analyst firms.Cisco’s new UCS servers announced today are once again helping to redefine the world of data center computing as organizations move closer toward cloud models made for today’s mission-critical apps. Later this year Cisco will make available a number of new servers designed for cloud-scale, edge-scale and data-intensive, high-performance computing. Enterprises and service providers will have more options for architecting their cloud infrastructure, whether that be building out larger, more fluid private clouds or enabling hybrid cloud environments for maximum efficiency and scale.For VCE customers, this means there will be additional options available to optimize their Vblock Systems, built on Cisco UCS Integrated Infrastructure, to address their evolving data center modernization needs. The new UCS servers will simplify scale-out architectures for the most demanding applications and data analytics, enabling VCE customers to continue on their journey to the cloud. As always, VCE remains committed to being “first and best” in integrating these new technologies so that our customers can begin deploying them as part of their long-term cloud strategy as quickly as possible.VCE is excited once again to help Cisco usher in a set of new game-changing of technologies that will help us stay ahead of the innovation curve and enable transformational change for our customers.1] Report: Cisco Achieves Top Rank in Americas’ x86 Blade Server Market, Named No. 1 in Revenue Market Share: IDC Worldwide Quarterly Server Tracker, 2014 Q1, May 2014, Vendor Revenue Share ↩[2] VCE Positioned as a Leader in the Gartner Magic Quadrant for Integrated Systems: Gartner Market Share Analysis: Data Center Hardware Integrated Systems, Dec. 12, 2013 ↩last_img read more

Year in review: 2015-2016

first_imgSusan Zhu June 22, 2015: College president announces retirementSince taking office in June 2004, current College President Carol Ann Mooney has loved working closely with the Saint Mary’s students — the very thing she said she will miss the most when she retires May 31.“One of the great joys of being president at a small college is to be able to interact with the students,” Mooney said. “You are fascinating young women who really are preparing to make a difference in the world. You care deeply about the good of this community, and I trust that will expand to the various communities you will inhabit as you move through your lives.”During her tenure, Mooney launched the “Faith Always, Action Now” campaign — which raised $105 million for the College — as well as three new graduate programs.President-elect Jan Cervelli will take Mooney’s place June 1, 2017, after Mooney’s contract expires. Cervelli, a South Bend native and Saint Joseph’s High School alumna, said she is excited to immerse herself in student life at the College.“I want to become a part of the class of 2020,” she said. “ … I want to be able to walk the walk with students and see what it’s like to take classes, to live in the dorm [and] to eat the food.”August 2015: Administration implements new first-year courseMembers of the class of 2019 were enrolled in the Moreau First-Year Experience course, a new freshman requirement for the 2015-2016 academic year. The course, which took the place of the previous physical education requirement, emphasizes the holistic growth of the student and aims to ensure a seamless transition for incoming students into the Notre Dame community.Maureen Dawson, associate professional specialist for the First Year of Studies, said the course, which met once weekly and consisted of approximately 19 or 20 students, is meant to create a platform for conversation about the college experience.The course was not without controversy, with many students expressing their dissatisfaction in a midterm survey. Dawson said the survey encouraged classroom conversations between instructors and students about how to improve discussions and streamline assignments.“The student midterm survey gave us a lot of really clear, concise responses from students about what they thought was working, what was uninteresting and what was laborious,” she said.“I think over time we’ll evolve [our] ability to showcase resources more pointedly. … Now we’re at the stage where we’re sharing information with students, and we’re building a base for reflection and discussion. … With each successive semester, we’ll be able to move students more directly in contact with these resources and opportunities around campus.”January 2016: Jenkins begins third term in officeUniversity President Fr. John Jenkins’ completed his 10th year in office this school year, following his election to a third five-year term by the Board of Trustees in January 2015.During his tenure, Jenkins has consistently emphasized Notre Dame’s research efforts for both students and faculty. Jenkins oversaw the creation of the office of vice president for research in 2007 and announced significant increases in research funding the following year.In recent years, building projects — most notably the Campus Crossroads project — have become another defining characteristic of Jenkins’ presidency. In addition to Campus Crossroads, the University is currently building two new residence halls and several new class buildings, including Jenkins Hall, which will house the new Keough School of Global Affairs.Jenkins said he plans to continue efforts to make Notre Dame an example for the world and a leader in the Church.“I think we need to continue to make progress,” he said. “I do think … our Catholic mission is something we need to continue to talk about, especially at this time. It’s a challenging time, but I think there’s no institution placed like we are to speak to really serious issues in the world about the environment, about economic inequality, global solidarity.”January 13, 2016: Housing announces dorm changesThis year was the last year freshmen women were eligible to be placed in Pangborn Hall.In an email sent to the student body, University administration said residents of Pangborn Hall will be moved to the new female dorm that is currently under construction east of Pasquerilla East and Knott Halls, while Pangborn Hall will serve as a “swing dorm” for residents of Walsh and Badin Halls, which will undergo renovation during the 2016-2017 and 2017-2018 academic years, respectively.The new male dorm currently under construction in the same location will be filled by application. Heather Rakoczy Russell, associate vice president for Residential Life, said the addition of new dorms and the renovation of existing ones is a continuation of the residential master plan that began in 2006.“That residential master plan was largely aimed at what we call ‘decanting,’ or un-crowding the undergraduate residence halls,” Rakoczy Russell said. “A room, for instance, that’s a triple might become a double, doubles become singles and so reducing the configurations. Some of you probably live where [the] study room have been converted into student rooms, so we, to the extent that we could, reversed that.”January 17, 2016: ND celebrates Walk the Walk WeekThe University hosted the inaugural Walk the Walk Week, taking new steps to celebrate the life and legacy of Martin Luther King, Jr. The week began with a march around campus the night of Sunday, Jan. 17, followed by a candlelight service in the Main Building.“So many people worked together to make this happen,” senior Chizo Ekechukwu, chair of Diversity Council, said. “A lot of different groups throughout campus came together in collaboration to create conversations about this topic.”Patrisse Cullors and Opal Tometi, who, along with Alicia Garza, started the hashtag #BlackLivesMatter as a response to the acquittal of George Zimmerman in the Trayvon Martin case, delivered the keynote address for Walk the Walk Week.“We have a long history in the black community of disruption, a long legacy,” Cullors said. “What we’re doing here is we’re adding to that legacy and we should be proud of it and embrace it. The only way we’ve seen systemic change happen in this country is disruption.”February 8, 2016: GameDay comes to campusHours before Notre Dame overcame a 15-point deficit to defeat basketball powerhouse and then-No. 2 North Carolina in a packed Purcell Pavilion, ESPN’s College GameDay paid South Bend a visit.Seth Greenberg, GameDay analyst and former Virginia Tech basketball coach, promised a great game, and he delivered on that guarantee.“This game is just gonna be a good game, and this place is just steeped in so much tradition, to see and experience it in a different way, it’s pretty great,” Greenberg said.Greenberg, who is an analyst for the show alongside Jay Williams, Jay Bilas and host Rece Davis, said the energy in Purcell Pavilion was vital to outputting a good show.“What makes a great GameDay show for us is when you walk in and it’s a packed house. When you’ve got that ownership and energy and passion and the students are into it, for me that’s the closest I get to coaching again,” Greenberg said.February 11, 2016: Keenan Revue marks 40 yearsFollowing in the footsteps of Keenan Hall residents spanning the past four decades, the men of Keenan Hall performed the 40th annual Keenan Revue in February.Since its inception, the Keenan Revue has tended toward the controversial, poking fun at various Notre Dame and Saint Mary’s traditions and stereotypes and getting kicked off Saint Mary’s campus in 1991.“The Revue’s slightly controversial nature is exactly why it’s remained such a prominent University tradition,” Ryan Rizzuto, senior producer of the Revue, said. “The beautiful thing about writing comedy is what you can say with it. It can turn a mirror on the student body and the administration and make people listen to arguments that they’d normally tune out.” “The New Keenan Revue” opened Nov. 6, 1976, founded by then-Keenan Hall resident assistants (RAs) Thomas Lenz and Richard Thomas as an alternative activity to the drinking culture on campus in response to the death of a classmate which occurred after a night of drinking.“That was kind of the context for people saying, ‘Okay, so getting wasted every weekend is one thing to do, but what else could the dorm do that would contribute to the growth of the dorm spirit and to the health of the community?’” Lenz said.March 5, 2016: Laetare Medal decision creates controversyThe University named Vice President Joe Biden and former Speaker of the House John Boehner as co-recipients of the Laetare Medal on March 5. According to the University website, the Laetare Medal is awarded each year at Notre Dame Commencement to American Catholics “whose genius has ennobled the arts and sciences, illustrated the ideals of the Church and enriched the heritage of humanity.”“In recognizing both men, Notre Dame is not endorsing the policy positions of either, but celebrating two lives dedicated to keeping our democratic institutions working for the common good through dialogue focused on the issues and responsible compromise,” University President Fr. John Jenkins said in the original press release.The announcement sparked controversy — both on campus and on a national level — and stirred debate on the religious and political implications of the decision.On March 18, 89 students signed an Observer Letter to the Editor expressing their objections to the University’s decision. Students also held a pro-life service protesting the decision, and more than 3,000 alumni signed a petition voicing their opposition. Fort Wayne-South Bend Bishop Kevin Rhoades released a statement condemning the decision for similar reasons: namely, Biden’s stance on abortion and same-sex marriage. Other members of the Notre Dame community expressed their support for the selection of Biden and Boehner as joint honorees, arguing that the decision promotes political unity in an era of partisan division and animosity.April 9, 2016: Snow leads to Holy Half cancellationOne of Notre Dame’s most well-known traditions, the Holy Half Marathon, was cancelled this April due to icy conditions. The race cancellation altered the plans of the more than 1,500 people signed up to compete.According to a statement from race directors, safety concerns for the runners motivated the decision to cancel the race.The Holy Half, which is a charity event benefitting the South Bend community, consists of both a 13.1-mile and a 10-kilometer race run by students and faculty of the Notre Dame, Saint Mary’s and Holy Cross campuses, along with members of the South Bend community, alumni and fans from across the nation.Junior Peter Rodgers, president of the Holy Half club, said the planning for the event is divided into a number of different categories including course design, food and entertainment, sponsorships and volunteer recruitment.“We also do a lot of work with the University Council people, which is the [Notre Dame Security Police], [Notre Dame Fire Department], Student Activities Facilities, RecSports and medical to make sure that on race day, the runners are safe [and] the roads are clear for runners,” Rodgers said. April 29, 2016: Task force on sexual assault releases reportOn April 26, 2015, College President Carol Ann Mooney announced the creation of a presidential task force to address the issue of sexual assault on campus. The creation of the task force followed the release of the CNN documentary “The Hunting Ground,” as well as a private conversation between Mooney and the student body.The task force was made up of three faculty members, six students, three administrators, the vice president for student affairs Karen Johnson, the College counsel Rich Nugent and Mooney herself. It was split into three subcommittees — education and training, support and processes — which then reconvened as a whole task force to report their findings and make recommendations to the College about how best to improve issues regarding sexual assault.The task force met throughout the 2015-2016 school year to discuss their findings and to write the report. The final report was published April 29 of this year and contained suggestions on how to improve the handling of sexual assault cases. The report included recommendations for improving and expanding staff and faculty training, as well as access to resources and communications between Saint Mary’s, Notre Dame and Holy Cross College.Tags: Commencement 2016, year in reviewlast_img read more

Emma Stone Eyes La La Land Movie Musical

first_img View Comments Emma Stone must have had a perfectly marvelous time headlining a tuner! The Broadway alum and Oscar nominee is in talks to headline the film musical La La Land. According to The Wrap, Damien Chazelle’s song-and-dance romance has also eyed both Ryan Gosling and Tony winner Eddie Redmayne for the male lead.Stone would play wannabe actress Mia, who is anxious to fit in. She falls in love with Sebastian, a magnetic jazz musician, in Los Angeles, but the city that united them may split them up. Emma Watson was originally tapped for the role of Mia, before taking on Belle in Beauty and the Beast instead.We were recently happy to see Stone make her Broadway debut in Cabaret. Oscar nominated for Birdman, her additional screen credits include the Amazing Spider-Man film series, Magic in the Moonlight, The Croods, Gangster Squad, Easy A, The Help, Crazy, Stupid, Love, Friends with Benefits, Paperman, Marmaduke, Zombieland, Ghosts of Girlfriends Past, The House Bunny, The Rocker and Superbad.last_img read more

Weekly unemployment claims fall again after Irene-related spike

first_img…); “>…); “>…); “>August2011July2011August2010July2011August2010 Total Labor Force359,800359,800360,0000-200   Employment338,800339,300338,400-500400   Unemployment21,10020,50021,600600-500   Rate (%)’s labor force, employment and unemployment statistics are produced from a combination of a Statewide survey of households and statistical modeling.  The data are produced by the Local Area Unemployment Statistics Program (LAUS) a cooperative program with the US Department of Labor, Bureau of Labor Statistics and the Vermont Department of Labor. Vermont Labor Force Statistics (Seasonally Adjusted) There were 608 new regular benefit claims for Unemployment Insurance last week. This is a decrease of 109 from the week before, as new claims again fell following a two-week spike in claims resulting from tropical storm Irene. The week prior to the storm saw a seasonal low of fewer than 500 claims. Altogether 5,981 new and continuing claims were filed, a decrease of 394 from a week ago and 1,285 fewer than a year earlier. The Department also processed 1,443 First Tier claims for benefits under Emergency Unemployment Compensation, 2008 (EUC08), 1 fewer than a week ago. In addition, there were 727 Second Tier claims for benefits processed under the EUC08 program, which is unchanged from the week before. The Unemployment Weekly Report can be found at: is external). Previously released Unemployment Weekly Reports and other UI reports can be found at: is external)  Vermont’s unemployment rate increased two-tenths in August to 5.9 percent. See story HERE.          Changes Fromlast_img read more

Leadership lessons from the flight deck

first_imgDuring the years I’ve spent speaking to industry leaders around the country, one of the biggest lessons I’ve internalized is the importance of acknowledging and facing your fear – rather than letting fear control you.Fear is just one of the things I got to know well during my time as an F-14 fighter pilot in the U.S. Navy. I’ve seen over and over how the skills necessary to effectively and inspiringly lead a team are lost when we’re crippled by individual fears and by what we perceive as limitations.If you allow fear to cripple your decision-making, it will paralyze you. When we are afraid to fail – or to innovate or market to our members differently – we often wait. We wait for someone else to go first because that feels “safe.” It feels “good enough.”But while you are waiting, someone else is going first! Someone else is trying out new marketing campaigns, new ways to streamline cumbersome processes – and they’re creating a much better service experience for consumers.Soon, you’re no longer relevant. Simply because you were too afraid to go first.I’ve learned that the organizational culture that encourages and rewards risk-taking and innovation will flourish. It will attract and retain the type of flexible, adaptable, agile talent that credit unions are seeking.Instead of letting fear hold you back, ask yourself what kinds of risks your credit union should embrace. How about leaning in to the difference between what you offer and what your competitors have?Credit unions are different – and that is a good thing! Your credit unions can – and must – use your difference to your advantage as you face your competition. Being different is better when the difference is that you provide more value. Giving back to the community, offering lower loan rates, reduced fees – and consistently improving those products and services – these are all distinct advantages. You have to make sure your members see the difference and the advantages you offer.Today’s consumers – your members – are more demanding and time-strapped than ever before, and they have higher expectations of product and service performance. Just because they loved you yesterday doesn’t guarantee they will love you tomorrow!But you can’t let the fear of new technology and bigger competitors get in the way of your success. If you harness the power of the difference you offer – combined with great member service – your credit union can be unstoppable.My challenge to you is to confront your fears, to summon up your courage in spite of your fears and go for it anyway. Get comfortable being uncomfortable. You learn to be fearless by taking action – not by continuing to be afraid.I’ve found that my experience of being different – not just facing a male-dominated field, but being the first female F-14 fighter pilot ever – has given me insight into what it takes to be first, what it takes to lead. No matter your situation, the No. 1 way to ensure that you’re the best leader you can be is to work through fear – do what needs to be done in spite of fear.I’ll be talking more about fear and how I’ve seen leaders face their fears at NAFCU’s Annual Conference and Solutions Expo in Nashville this June. It’s going to be a great opportunity for credit unions leaders to come together and talk about what makes them different – and how the industry can harness the power of that difference going forward. I can’t wait to talk to you more about my experiences and hear from you about yours.Carey Lohrenz is a bestselling author, business consultant and the first female F-14 Tomcat pilot in the U.S. Navy. She will be delivering a keynote address at NAFCU’s Annual Conference and Solutions Expo, set for June 14-17 in Downtown Nashville, Tenn. Early-bird savings on registration end April 15; members and nonmembers should register with code ANNUALSAVINGS by the deadline. 38SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Dan Berger B. Dan Berger became NAFCU president and CEO on Aug. 1, 2013. He joined NAFCU in January 2006 as senior vice president of government affairs overseeing five divisions including legislative … Web: Detailslast_img read more